Abu Dhabi index falls over 6-week low as banks drag

Abu Dhabi index fell the most in the region led by leading banks, etisalat in the backdrop of weak international leads.

The Abu Dhabi Securities Exchange General index closed 1.77 per cent lower at 4,446.21, after hitting a low of 4,441.37, a level last seen on December 22.

“There was a bit of profit-taking. Some people were worried about international markets. Traders are worried about international sentiment and policies from Trump,” Ahmed Waheed, Vice President — Institutional Desk at Menacorp said.

National Bank of Abu Dhabi, First Gulf Bank, Etisalat weighed on the index.